Science and Tech

SAP third-quarter profit rises 12% on strong cloud demand

SAP third-quarter profit rises 12% on strong cloud demand

(Reuters) -German software maker SAP on Wednesday reported a 12%rise in third-quarter profit, boosted by strong cloud demand. (Reporting by…

October 23, 2025

IBM beats quarterly estimates as AI powers software, mainframe sales

(Reuters) -IBM beat Wall Street estimates for third-quarter revenue and profit on Wednesday, driven by booming demand for its software…

October 23, 2025

Meta Lays Off 600 AI Employees Amid $14.3B Push Toward Superintelligence

Meta to lay off 600 employees from its AI labs while investing $14.3B in AI innovation, aiming to restructure and…

October 23, 2025

Tesla set for strong quarter fueled by rush to get expiring US EV tax credits

By Akash Sriram and Abhirup Roy (Reuters) -Tesla is expected to post a surge in third-quarter results later on Wednesday,…

October 23, 2025

Exclusive-US considering curbs on exports to China made with US software, sources say

By Alexandra Alper, Michael Martina, Jeffrey Dastin and Karen Freifeld (Reuters) -The Trump administration is considering a plan to curb…

October 23, 2025

Scientists Discover 4.5 Billion-Year-Old Proto-Earth Clues Found in Earth’s Crust Rewrite Its History

Scientists uncover ancient rocks with chemical traces of proto-Earth, revealing that parts of Earth’s original structure survived the Moon-forming impact.

October 23, 2025

Reddit sues Perplexity for scraping data to train AI system

(Reuters) -Social media platform Reddit sued artificial intelligence startup Perplexity in New York federal court on Wednesday, accusing it and…

October 23, 2025

Apple hit with EU antitrust complaint over App Store policies

By Foo Yun Chee BRUSSELS (Reuters) -Apple was hit with a complaint to EU antitrust regulators by two civil rights…

October 23, 2025

Amazon sees faster delivery speeds with hi-tech driver eyeglasses, AI

By Greg Bensinger MILPITAS, California (Reuters) -In its relentless drive to bring everyday items to customers faster, Amazon has shifted…

October 23, 2025

Silicon Valley-backed Shield AI enters fighter jet race with new “wingman” drone

By David Jeans (Reuters) -Silicon Valley-based defense technology firm Shield AI has launched a conceptual model of its large X-Bat…

October 23, 2025